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Introduction: according to the data released by the Brazilian vegetable oil industry association, in December 2004, the Brazilian soybean processing industry purchased 1.305 million tons of soybeans Among them, at the beginning of the month, the soybean inventory was 1.982 million tons, the crushing volume was 1.796 million tons, the export volume was 149000 tons, and the ending inventory was 1.177 million tons In December, the output of soybean meal was 1.372 million tons, the export was 1.107 million tons, and the ending inventory was 889000 tons In December, the soybean oil output was 369000 tons, and the ending inventory was 322000 tons